NOT LISTED FOR SALE

425 Arthur St Ashland, OH 44805

5 Beds
3 Baths
2,308 Sq Ft
5,663 Sq Ft Lot Lot

Sale Details

Date Sold: December 13, 2023

Last sale price $145,000 $63 Per Sq Ft

34 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of December 2023

Great investment opportunity in Ashland Schools. This triplex currently has two of the three units leased at $700.00 a month for the first floor unit and $700.00 a month for the second floor unit. The third unit is vacant and comes with a two car attached garage. It was previously rented for $550.00 a month. The owner pays the utilities. This cash flowing property would be a good one to add to your portfolio.

Last Agent to Sell the Property

Tyler Jarvis

Coldwell Banker Ward Real Estate Brokerage Phone: 4192812000 License #SAL.2017005108 Listed on: 10/23/2023

Coldwell Banker Ward Real Estate

Last Buyer's Agent

Tyler Jarvis

Coldwell Banker Ward Real Estate Brokerage Phone: 4192812000 License #SAL.2017005108 Listed on: 10/23/2023

Coldwell Banker Ward Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 46 x 120

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 2,308 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $23,400
  • The owner pays for gas, water
  • Tax Lot R=39 LOTS 138-A & 139-A
  • Assessor Parcel Number P440390007700
  • $5 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • New Taxes Expense $1,578
  • Gross Income $1,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 46 x 120
  • Directions: E Main to Arthur St
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1905
  • Attribution Contact: 4192812000
  • NAV43_Flood_Plain: No
  • NAV43_rets_property_type: Residential Income
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Unit 1 Range, Unit 2 Range, Unit 3 Range, Unit 2 Refrigerator, Unit 3 Refrigerator
  • Owner Pays: Gas, Water
  • Has Basement: Partial
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Living Area: 2308

Exterior Features

  • Disclosures: Property Disclosure, Lead Based Paint Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached, Garage Door Opener, 2 Car, Stone
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Ohio Edison/First Energy
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Junior High Dist: Ashland City

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Farm Land Area Units: Square Feet
  • Parcel #: P440390007700
  • Zoning Description: RS-Residential Districts

Rental Info

  • Lease Term: Unit 1 Lease Length(Mon/Mon),Unit 2 Lease Length(Mon/Mon),Unit 3 Lease Length(Vacant),Unit 4 Lease Length(0)
  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 1950
  • Number Of Units Vacant: 7
  • Total Actual Rent: 23400

Tax Info

  • New Taxes Expense: 1578.44
  • Tax Lot: R=39 LOTS 138-A & 139-A
  • Tax Other Annual Assessment Amount: 5
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2023 12/13/23 Sold $145,000 -6.4% $63 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/13/2023 11/13/23 Price Changed $154,900 -6.1% $67 / Sq Ft
10/23/2023 10/23/23 For Sale $164,900 +37.5% $71 / Sq Ft
01/27/2023 01/27/23 Sold $119,900 0.0% $52 / Sq Ft View Prior Sale
01/22/2023 01/22/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $119,900 0.0% $52 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
12/06/2022 12/06/22 For Sale $119,900 -- $52 / Sq Ft
Source: Ashland Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,929 $51,830 $8,340 $43,490
2024 $1,929 $51,830 $8,340 $43,490
2023 $1,837 $50,110 $8,340 $41,770
2022 $1,578 $35,790 $5,960 $29,830
2021 $1,585 $35,790 $5,960 $29,830
2020 $1,502 $35,790 $5,960 $29,830
2019 $965 $29,910 $6,300 $23,610
2018 $973 $29,910 $6,300 $23,610
2017 $1,247 $29,910 $6,300 $23,610
2016 $1,247 $26,000 $5,470 $20,530
2015 $1,236 $26,000 $5,470 $20,530
2013 $1,240 $25,660 $5,440 $20,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ashland Board of REALTORS®

MLS Number: 227257

APN: P44-039-0-0077-00

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